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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Mehrdad Arya who wrote (37138)	12/15/1999 8:27:00 PM
From: Captain Jack	Respond to of 45548

MA-- When Eric was in power he always said the 80% would go to shareholders. Now it is "upto" by the new guy in power. BUTT<<"to do so they would have to purchase the stock at fair market value.">> No they just send 70% or 50% or 20% out to the COMS holders and just keep the rest> There is no reason for them to buy what is still theirs. <<" I am certain the company will retain a small fraction of the shares for the benefit of the remaining 3Com shareholders">> Yes but until the distribution just 'how small' a portion they keep is in question. Unlike you I plan on holding little if any COMS when the distribution is made,, if even that long. Just looking for $52++ to bail a little. Trading then would be at a double and the 50% remaining would in essense be 'free' ones that can be forgotten until the IPO and just prior to distribution to determine how they will be distributed back into the system ...